Narayana Hrudayalaya Ltd. (NH) has received an Observation Letter with ‘No Adverse Observation’ from BSE Limited on 23 June 2025 regarding the proposed Scheme of Arrangement between Meridian Medical Research & Hospital Ltd (a subsidiary) and Narayana Hrudayalaya Limited.
The company's board had approved the Scheme of Arrangement on 29 November 2024.
The Scheme is subject to statutory and regulatory approvals, including those from the National Company Law Tribunal, shareholders and creditors.